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Ryca Motors

Operating

Ryca Motors, Inc.

Transportation · Santa Fe Springs, CA · Founded 2020

Ryca Motors has spent years producing and selling custom parts for motorcycles and other powersports equipment. Now they’re turning to Augmented Reality in order to allow users to customize their vehicles and ‘try everything on’ before they buy.

Post-money valuation ⓘ
$6.0M
As of Feb 2024 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$131,071
Across 2 rounds since 2020
Latest share price
$2.71
Reg CF · Common Stock · Nov 2023 offering price

Financials

FY2018–FY2022 (no data for FY2020) · from SEC filings · hover any figure for its source
$362K
$98K
2018
$162K
$24K
2019
2020no data
$22K
2021
$0
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 reviewed*
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$362,050
$162,337
$21,911
$0
Cost of goods sold
$177,378
$66,851
$0
$0
Gross margin
51%
59%
100%
—
Net income
$97,515
$23,500
$0
$0
Taxes paid
$1,077
$209
$0
$0
Balance sheet
Cash
$10,000
$10,000
$10,000
$10,000
Accounts receivable
$0
$0
$0
$0
Total assets
$181,928
$72,930
$10,000
$10,000
Short-term debt
$0
$0
$0
$0
Long-term debt
$0
$0
$0
$0
Total liabilities
$0
$0
$0
$0
Other
Headcount
—
3
—
4

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$5.0M
pre-money
$6.0M
pre-money
Reg CF · Common · Aug 2020
Reg CF · Common · Nov 2023

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

$2.71$1.355$2.30
Aug 2020Nov 2023
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Fundraising history

Raised $12.8K / $618KPost-money $6M
Raised $118.3K / $1.1MInvestors 333Post-money $5.1M

Team

3 people
Casey StevensonFounder
Co-Founder and CEO

After college, Casey worked at NASA designing microgravity experiments for Space Shuttle mission STS-95: John Glenn’s return to space. Afterwards, he moved to Los Angeles to join a rock band. He met Ryan in 2002 through their shared interests in music production, and they’ve been working on innovative projects ever since. In 2010, he left his job as an I.T. manager to pursue interests in AR, robotics, and motorcycles. His design for a modular motorcycle kit received international acclaim and became Ryca’s first success: The CS-1 Café Racer.

Ryan RajewskiFounder
Co-Founder and COO

Ryan built his first car at the age of 14, cementing his lifetime obsession with all things automotive. In college, he studied automotive technology, engineering, and digital media, and has since pursued a lifetime of motorcycle and auto-related careers. Prior to co-founding Ryca, he ran his own custom fabrication shop and was a cast member of the television production of “Ultimate Green Machine”. He has now expanded his love of vehicles into the world of Augmented Reality, helping to develop the first versions of Ryca’s AR technology.

Yohan BaillotFounder
CTO

Yohan is a pioneer in the field of Augmented Reality, with 25 years of experience in ground-breaking R&D. He developed AR vehicle systems for the US Army, deployed an AR assembly system for F35 fighter pilots, and developed one of the first visual-inertial hybrid tracking systems. He is the founder of the ARForum and was the general chair of the International Symposium on Mixed and Augmented Reality in Washington D.C. He is the author of over 30 publications with 6 published patents and a member of the IEEE Computer Society. Yohan works full-time for Ryca Motors and also has a private consulting business.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 1 of 6 annual reports (FY2020–FY2025)

Missing: 2020, 2021, 2023, 2024, 2025

333 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-UJul 5, 20240001669191-24-000765
    EDGAR
  • Form C/AJan 19, 20240001669191-24-000106
    EDGAR
  • Form CNov 17, 20230001669191-23-001099
    EDGAR
  • Form C-ARNov 17, 20230001669191-23-001095
    EDGAR
  • Form C-UMay 5, 20210001665160-21-000888
    EDGAR
  • Form C/AMar 3, 20210001665160-21-000266
    EDGAR
  • Form C/AJan 26, 20210001665160-21-000110
    EDGAR
  • Form C/ADec 28, 20200001665160-20-001596
    EDGAR
Source: ManualCIK 0001819417CAShare price $2.71

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.